We specialize in working with REO, real estate agents & brokers, institutional & private investors, and homeowners, offering solutions that meet the unique needs of each project.At Nuovo, our core values are at the heart of everything we do:Vulnerability: We maintain open lines of communication, ensuring transparency throughout every project.Integrity: We approach every task with honesty and a commitment to doing the right thing.Innovation: We constantly seek new ways to improve processes and outcomes.Adaptability: We embrace change and are always ready to adjust to meet client needs.We believe in creating a fun, open, and trusting environment, both within our team and in our client relationships.

Therefore, real estate is the best risk adjusted returns for long term investing for that reason.

By establishing a set return of $600/year, there is no ability to adjust that number to future inflation.3 - Now, the big one. 

You can also adjust the scope of work, materials etc as you go to keep things on track.

Give it a week or so with the new price to see the response, and adjust again if needed.

Consider collaborating with local influencers or travel bloggers for exposure.Local partnerships: Connect with local businesses, wedding venues, or event planners for potential referrals.Targeted advertising: Use Facebook/Instagram ads to reach potential guests interested in Smoky Mountain getaways.Seasonality strategy: Adjust your pricing and minimum stay requirements based on local events and peak seasons.Long-term rental mix: Consider mixing in some medium-term rentals (1-3 months) during off-peak seasons for more stable income.Have you tried any of these strategies?

Well-intentioned, but there’s some uninformed advice here and misunderstandings about what can and cannot be adjusted.

My tenants called the City to try and get it adjusted, and they pushed it onto me.How would you handle the situation?

@Oladimeji SonibareRegarding Facebook Ads and the discussion about legitimacy in presenting yourself as someone who can assist these people, I’d offer this suggestion: Continue targeting the same audience on Facebook, but adjust your concept and marketing message.

@Jake Thorpe, I would seek out a good public insurance adjuster.